Announced Mon, 13 Jul · 15:51 IST
PDS inks sourcing deal with French retailer, over US$250 million annual volume
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PDSL · price
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+4.1%1-day move
₹360.25
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₹390.00
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AI summary
PDS Limited announces a multi-year Sourcing as a Service contract with the global sourcing arm of a leading French-headquartered supermarket. PDS will manage the retailer's textile sourcing across Bangladesh, Pakistan, India, Sri Lanka and Turkey, handling apparel sourcing valued at over US$250 million in FOB volume annually. Partnership commences November 1. PDS handles over USD 2.2 billion in GMV across 22 countries and reported FY26 revenues of Rs 13,110 crore.
Likely market impact
Multi-year deal adds over US$250 million annual sourcing volume, expands platform reach and could support revenue growth from November 2026.